London-based consultancy views lower congestion as bearish for the dry bulk market in the future. This is combined with a concern about the steep fall in China’s steel output. Read more in LloydsList.
Orderbook casts shadow over rising demand in Asia with newbuildings comprising some 18% of existing fleet. The supply dynamics will create very different market cycles for the fully refrigerated versus the semi-refrigerated ships. Read more in LloydsList.
There is cautious optimism that bulker markets will see another positive year in 2022, but analysts think it could be a bumpy ride with analysis by MSI pouring cold water on the notion that low fleet supply will keep freight markets well supported in 2022. Read more in TradeWinds.
The search for upside in the tanker sector continues but there is reason to believe that 2022 holds the potential for persistently better earnings, provided that a number of stars align – read more in Splash247.com
Container markets are ending the year with congestion and Covid-19 still in focus, but it is too soon to judge if a fundamental shift is taking place – read more in TradeWinds.